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So yes -- -- for a more reaction on today's jobs report in the outlook.
For the year ahead let's bring in taking geely and he's -- CEO and a Deco.
Group North America -- think you for being here on this very important day because obviously.
We're headed in the right direction but what traders don't seem to have any conviction and is as evidenced by the markets -- -- down about 42 points.
Is whether we can stick with -- we will see this trend continue what is your anecdotal evidence that you're saying well I.
-- the trend has proven in December that the recovery that we saw little earlier in 2011 from not so good growth in the summer.
-- sticking so the momentum is moving in the right direction I think there's very positive I think the combination of job growth.
And -- -- growths in other words more hours from existing workers is a good combination and that tells me that we're gonna see.
I continued improvement and acceleration going into next year.
Particularly gonna need to create 250000.
Jobs a month.
By all accounts for years and -- to really get that unemployment rate down I mean how likely is that -- -- -- time.
I think we can do 200 or 300000 jobs a month which we have a couple of challenges -- -- though.
One we're gonna continue to -- government job loss so we saw local governments shed jobs in December that's gonna continue throughout the year because they're gonna be under such budgetary pressure.
So we've got to have even better growth in the private sector to be able to deliver that headline number.
Companies are engaging more workers we've seen a very strong recovery in the temporary employment side of the market in fact this risk of recession and the recovery from it.
Was better than the past in terms of the speed with which they came back.
Two to hire temporary workers.
Now they're bringing those temporary is on as permanent workers where they need that.
And they're continuing to show demand on the temporary worker side.
Where reading is seen that the most hiring and the the most robust hiring take because we are getting country indications right now Wall Street has very muted expectations for corporate earnings this year vs last year.
Today -- -- -- talking about a second ago.
Are revising its capacity output so we're getting mixed signals about what.
These companies are gonna end up -- how they're gonna perform this year which obviously impacts hiring.
I think the fact that we had decent manufacturing numbers is a very good sign given some of the some of the messaging that had been out there.
I think that the trend that we're gonna see is more and more hiring and professional skills.
And I'm talking about health care IT engineering finance and accounting.
Those are the areas where we're expecting to see the strongest growth.
And in fact in engineering in -- Are the first areas where we're announcing -- -- Deco group candidates that have multiple job offers and they're getting the opportunity to choose between.
Different alternatives and that begins the the cycle where we Begin to get some wage growth.
And I think that's where that we're gonna see that activity first because as you point out the overall unemployment number still remains high and and industrial manufacturing.
Plenty of supply for the demand that's there I'm -- you mentioned finance -- the financial industry -- -- laying off people -- -- sense of what makes you think of that area is a good place to actually create jobs well let me be clear I'm not -- financial services as an industry.
I'm talking about financial and an accounting skills sets in every industry also when we have health care hiring in many cases those are finance and -- people.
Hired into health care companies right.
And so I think financial services is going to be challenged especially if we have on some significant overflow from the European issue.
But the skill set of finance and accounting is still an in demand skill set in manufacturing companies.
In leisure retail.
-- quickly before we let you go tips out there for our viewers as a lot of competition a lot of people applying for these highly integrated and and coveted jobs.
What are sort of that what's the number -- employers are looking for right now will.
Well first I think -- guerrillas that they companies don't wanna go through the headcount reductions they did if the economy slows -- so they're looking to temporary contract workers first so if you want -- permanent job.
The first thing you have to do is say my best opportunity.
Is to get a temporary or contract assignment and prove myself we call -- the working interview it's your chance to show what you can contribute to the company.
And that's the best path right now for finding a permanent.
Reflects an -- allowed -- get a little already buying today yeah right thanks a lot to dealing great perspective today appreciate.
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